I admire and share your enthusiasm - but be realistic, the 'sophisticated investors' paid about $1.03m for 28m shares @ 3.78c per share (approx).
i know everyone wants to concentrate on the '10m shares @ 7c' but if you took the downramp line you could easily say '18m shares @ 2c' - in which case it is looking very, very overvalued.
the stock was probably due for a shake-out anyway, but lets see what happens when the P1 valuation comes in, along with anything else and then we can judge what this cap raising really means!
GCN Price at posting:
5.9¢ Sentiment: ST Buy Disclosure: Held
